In the competitive realm of forex trading, Funded Academy stands out as a promising newcomer. Offering traders enhanced funding opportunities and favorable conditions, this prop firm is quickly becoming a topic of interest. Let’s delve into an in-depth review to understand what sets Funded Academy apart in the world of forex trading.

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Discovering Funded Academy: A Rising Star in Forex Trading

Funded Academy, an emerging online prop firm based in Australia, is quickly making a name for itself in the competitive trading industry. This dynamic company stands out by offering forex traders access to a staggering capital of up to $2,000,000, paired with an exceptionally high profit share of 80%.


Traders can benefit from a range of advantages provided by Funded Academy. Notably, the firm offers refundable challenges and an impressive 1:200 leverage, ensuring traders have all the necessary tools to achieve their profit goals. A unique aspect of their program is the scaling plan, which rapidly increases a trader’s capital – doubling it with every 10% profit made on the account, thereby accelerating the growth of their investments significantly. Despite being a new entrant in the field, Funded Academy has rapidly gained traction and is on its way to becoming a leading figure in the forex prop trading scene. With its innovative approach and trader-friendly conditions, Funded Academy is poised to make a significant impact in the coming years. Read on to learn more about this exciting prop firm.

Securing Funding from Funded Academy: A Streamlined Process

Funded Academy simplifies the journey to obtaining trading capital with its straightforward two-stage funding process, which stands out for its ease and efficiency compared to other prop firms listed in our top prop firms compilation.

Stage 1: The Initial Challenge

In the initial stage, traders are tasked with generating a 10% profit within a 30-day timeframe. The conditions include a maximum drawdown of 10% and the leverage available is 1:200. Unique to Funded Academy, traders have the option to choose between a daily drawdown limit of 5% or maintaining a 50% rate of positive trading days during the challenge. This flexibility allows traders to adapt the challenge to their specific trading styles, enhancing their chances of success in obtaining funding.

Stage 2: The Final Step to Funding

Stage 2 presents a less demanding challenge. Mirroring a strategy similar to what FTMO employs, this stage requires traders to achieve a 5% profit within 60 days, with the same 10% maximum drawdown restriction. The other trading conditions remain unchanged from the first stage. Given its relatively easier nature, this stage should be manageable for most profitable forex traders. Upon successful completion of both stages, traders are granted funding. With a maximum drawdown capped at 10% and access to 1:200 leverage, skilled traders are well-equipped to achieve substantial returns in the markets. Funded Academy thus emerges as an excellent platform for profitable traders to gain funding and excel in their trading endeavors.

Distinctive Features of Funded Academy Compared to Other Forex Prop Firms

While many forex prop firms exhibit similar operational models and offerings, Funded Academy sets itself apart with several key features that enhance its appeal to a broad range of traders.

Own Deposit Program: An Affordable Path to Funding

One of the standout features of Funded Academy is its ‘Own Deposit Program.’ This initiative enables traders to access a challenge account for free, offering a cost-effective alternative to the traditional route of paying for a funded account. For traders who might face challenges in consistently passing the initial tests, this program presents a financially viable option, reducing the expense of multiple challenge attempts.

Unparalleled Scaling Plan

Funded Academy boasts one of the most impressive scaling plans in the industry. For each 10% profit milestone achieved on a funded account, the firm doubles the trader’s capital, a rate of increase that outpaces even robust compounding strategies. This scaling can extend up to an impressive $2,000,000 in trading capital. As a relatively new company, it’s anticipated that no trader has yet reached the $2,000,000 mark. However, with the firm currently reporting payouts around $10,000, there’s an exciting opportunity for traders to become among the first to fully scale their accounts with Funded Academy.

Additional Advantages

• Real Money Accounts: In contrast to some leading prop firms that use demo accounts, Funded Academy provides real money accounts, offering a more authentic trading experience.
• No Lot Size Restrictions: Traders have the freedom to choose their preferred lot size, which is particularly beneficial for scalpers who might face limitations with other funded accounts.
• Unlimited Challenge Retakes: Traders who fail the challenge without breaking any rules and still end in profit are entitled to unlimited free retakes.
• Weekend Trading: The allowance for holding trades over the weekend caters to the needs of both swing and day traders.
• EA and Trade Copiers Permitted: Funded Academy is open to automated trading and martingale style strategies, as well as the use of trade copiers to manage multiple funded accounts simultaneously.

These unique offerings and flexible conditions position Funded Academy as a compelling choice for both seasoned and aspiring forex traders, providing an environment conducive to varied trading styles and strategies.

Realistic Prospects of Obtaining Funding from Funded Academy

Securing funding as a trader from Funded Academy is not only feasible but also highly accessible due to the firm’s accommodating challenge structure and trader-friendly policies.

Funded Academy Accessible Challenge Process

The funding journey at Funded Academy involves an uncomplicated two-step challenge. This process is tailored to be approachable, with generous drawdown limits and achievable profit targets. The time frame set for these challenges is also reasonable, aligning well with the capabilities of most profitable traders.

Flexible Trading Conditions

Funded Academy offers a high degree of flexibility in its trading conditions, which significantly enhances the likelihood of a trader’s success in securing funding. These conditions include:

• Unrestricted Lot Sizes: Traders have the liberty to use unlimited lot sizes, accommodating various trading volumes and strategies.
• Trading the News: The ability to trade during news releases, which can be a critical time for capturing market movements.
• Overnight and Weekend Positions: Holding positions overnight and over weekends is permitted, catering to different trading styles.
• Use of EAs and Trade Copiers: Traders can employ Expert Advisors (EAs) for automated strategies and use trade copiers to manage multiple accounts, possibly with different top prop firms.

Supportive Retake Policy

An additional feature that enhances the realism of obtaining funding is the provision of unlimited, free challenge retakes, provided the trader ends the challenge in profit. This policy demonstrates Funded Academy’s commitment to supporting its traders and offering multiple opportunities for success. Given these fair and supportive conditions, Funded Academy stands out as a prop firm that provides traders with the best possible chances for success, making the prospect of obtaining funding highly realistic.

The Funded Academy: A Trader’s Perspective Review

In the forex and prop firm sectors, it’s not uncommon to encounter scams, with firms promising substantial trading capital but failing to deliver on payouts or creating nearly impossible trading conditions. To get a clearer picture, it’s essential to consider the experiences and reviews of traders globally.

Trustpilot presents an encouraging picture for The Funded Academy, rating it as Excellent based on 25 reviews, 70% of which are exceptionally positive. This indicates a high level of trader satisfaction with the services and funded accounts offered by the company. However, it’s important to note that 25 reviews, while promising, do not provide as comprehensive an overview as companies with larger numbers of reviews, like MyForexFunds, which boasts hundreds of positive testimonials.

The limited number of reviews for The Funded Academy is likely due to its relatively recent entry into the market, which shouldn’t be a cause for concern. It’s advisable for potential clients to monitor these reviews closely, watching for consistency in quality as the company expands. If this trend continues, The Funded Academy could be poised to become a top contender in the prop firm industry. Concurring with the opinion of analysts like Hannah, there’s a strong possibility that The Funded Academy may soon rise to prominence among the best prop firms in the industry.

Funded Academy Review Conclusion: Scam or Legitimate Opportunity?

To encapsulate, Funded Academy emerges as a commendable online prop firm, catering to traders aspiring to amplify their trading career with additional funding. The firm’s trading conditions are equitable, accompanied by attractive perks. A notable highlight is their 80% profit split, a substantial offering in the industry, paired with a scaling plan that potentially accelerates trader earnings up to tenfold. However, a point of caution lies in the firm’s novelty in the market.

In an industry where longevity and reputation are key trust indicators, the newness of Funded Academy warrants a cautious approach. It’s prudent to observe and assess how the company evolves over the coming weeks before fully committing funds. As time progresses and Funded Academy gains more traction among traders, coupled with an increase in online reviews, a more definitive assessment can be made. Pending these developments, there’s potential for Funded Academy to become a go-to source for trading funding in the near future.